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In March 2017, it was announced that Vodafone India and Idea Cellular would merge. The merger got approval from the Department of Telecommunications in July 2018. On 30 August 2018, National Company Law Tribunal gave the final nod to the Vodafone-Idea merger. [16] It was completed on 31 August 2018, and the new entity was named Vodafone Idea.
The order today, which may result in U.K. telecom giant Vodafone’s local joint venture’s collapse, saw Vodafone Idea’s shares plunge by 23.21%. Vodafone Idea shares tumble 23% after India ...
NEW DELHI (Reuters) -Vodafone Idea's shares fell to their lowest level in over a year, a day after its billionaire non-executive chairman stepped down, fuelling concerns that the Indian wireless ...
The dividend yield or dividend–price ratio of a share is the dividend per share divided by the price per share. [1] It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant. It is often expressed as a percentage.
Under the terms of the deal, the Vodafone Group holds a 45.2% stake in the combined entity, the Aditya Birla Group holds 26% and the remaining shares will be held by the public. [ 15 ] On 7 September 2020, Vodafone Idea unveiled this new brand identity , Vi, which involved the integration of the company's erstwhile separate brands Vodafone ...
LONDON -- Many investors focus on earnings per share when judging a company's performance. However, earnings can be manipulated and adjusted in all sorts of ways, meaning they don't tell you a lot ...
A common stock dividend is the dividend paid to common stock owners from the profits of the company. Like other dividends, the payout is in the form of either cash or stock. The law may regulate the size of the common stock dividend particularly when the payout is a cash distribution tantamount to a liquidation.
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